Type 1: Official disposal equipment from the manufacturer. Let’s take SANY as an example. SANY’s excavators have the highest market share in China, and tens of thousands of customers purchase their equipment every year, more than half of whom use the manufacturer’s financial installment plan. Of course, due to the poor management of some customers, they are unable to repay the loan, resulting in the equipment being recovered by the manufacturer and re-disposed. This part of the equipment is generally within 1-2 years of leaving the factory, and has been used very little, but the price is 30%-50% cheaper than new equipment. More importantly, unlike some small and medium-sized sellers, manufacturers will not alter or conceal the true condition of the equipment.
This is why Standard2nd has formed strategic partnerships with large disposal organizations such as SANY, XCMG, Minsheng Financial Leasing, Jiangsu Bank, etc.
Type 2: Used equipment dealers. The construction machinery boom in China over the past decade has spawned tens of thousands of used equipment dealers of varying sizes, including medium and large-scale traders with relatively standardized operations, as well as countless hawkers similar to intermediaries. For overseas buyers, it is a very laborious task to screen these dealers.
Standard2nd has many years of market knowledge, and we only select suppliers that have been operating successfully in the market for many years. There are only 2-3 suppliers selected in each province. We not only understand the operation of their company, but also understand the personal style, character and family situation of their operators, so as to ensure that buyers can sign contracts with the most reliable people.
Type 3: Individual sellers. There are over 1 million construction machinery operators in China, and a large amount of equipment circulates every day. The direct sale of equipment by individual sellers can ensure very favorable prices, and Standard2nd has a significant advantage in this regard. On the one hand, we have accumulated over 100,000 end customers and have sufficient supply guarantees, and on the other hand, all equipment sold by individual sellers will be strictly inspected by our authorized core suppliers in each region. In this way, while the price is favorable, the consistency of equipment inspection standards can still be ensured.